Functional food market size | Growth Outlook 2025

Q: What is the current market size of the functional food market in 2024?

The functional food market size in 2024 is valued at approximately USD 205.4 billion.

Q: What is the projected market value of the functional food market by 2031?

By 2031, the functional food market is expected to reach around USD 364.1 billion.

Q: What is the CAGR of the functional food market during 2024鈥�2031?

The functional food market is projected to grow at a CAGR of 8.3% during the forecast period.

Q: Which key factors are driving the growth of the functional food industry?

Major drivers include rising health awareness, increasing elderly population, and the demand for clean-label and fortified products.

Q: How does 6W market outlook report help businesses in making decisions?

6W monitors the market across 60+ countries Globally, publishing an annual market outlook report that analyses trends, key drivers, Size, Volume, Revenue, opportunities, and market segments. This report offers comprehensive insights, helping businesses understand market dynamics and make informed decisions.

Q: Do you also provide customisation in the market study?

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Functional Food Market Size | Segments, Share & Opportunities 2025

Code: MTA4578

Publication Date: Jun 2025

What is the Functional food Market Size?

According to 绿帽社 internal database and industry insights, the Global Functional food market was valued at USD 205.4 billion in 2024 and is anticipated to exceed USD 364.1 billion by 2031, registering a steady at a CAGR of 8.3% during the forecast period.

The functional food market is experiencing steady growth due to rising health awareness, increasing demand for nutrient-enriched products, and shifting dietary patterns. Consumers are increasingly opting for foods that provide health benefits beyond basic nutrition, such as enhancing immunity, supporting digestion, and promoting heart health. The expanding aging population and rising incidences of chronic diseases further drive the demand for functional food across global markets.

Major Growth Factors of the Functional food Industry聽

Rising health awareness
Growing aging population
Shift toward preventive healthcare
Technological advancements in food processing
Expansion of functional ingredients portfolio
Demand for clean-label and natural products
Increase in disposable income
Urbanization and busy lifestyles

Functional food Market Trends

The functional food market is witnessing strong momentum as consumers increasingly prefer food products that support specific health outcomes such as gut health, immunity, and weight management. There is a clear shift toward natural ingredients, plant-based functional products, and fortified food items. Functional beverages, dairy, and snacks are emerging as major application areas, driven by convenience and consumer acceptance.

Emerging Developments in the Functional food Industry

Innovation in functional food formulations, such as personalized nutrition and probiotic-fortified products, is gaining traction. Startups and established companies alike are investing in R&D to explore the integration of functional ingredients like adaptogens, nootropics, and prebiotics. Sustainable packaging, clean-label certification, and AI-based dietary customization are also shaping the future of this market.